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WhiteHawk to acquire a 25% stake in Marcellus Shale assets from Three Rivers Royalty for $52m.

Synopsis

WhiteHawk, a mineral acquisition company, agreed to acquire a 25% stake in Marcellus Shale assets from Three Rivers Royalty, a mineral and royalty acquisition company, for $52m. WhiteHawk is focused on acquiring mineral and royalty interests in top tier oil and gas resource plays, including the Permian Basin, Eagle Ford Shale, and Marcellus Shale.

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